Economics

Quang Nam's economy grow by 7.2% estimatedly in 2024

Translated by VAN GIANG Nov 30, 2024 11:02

(QNO) – The provincial People's Committee's report on the implementation of the socio-economic development plan for 2024 highlights that Quang Nam's economy has recovered rapidly and achieved positive growth, particularly with state budget revenue exceeding assigned estimates.

Aerial view of Tam Ky City

The provincial economy's scale in 2024 reached nearly 129 trillion VND, up by 16.5 trillion VND compared to 2023. The economic structure featured agriculture, forestry, and fisheries at 13.8%, industry and construction at 34%, and services at 34.1%. The average GRDP per capita exceeded 84 million VND, an increase of 10 million VND from the previous year.

Tourism saw significant growth, with over 8 million visitors, a 14% rise compared to 2023, surpassing the annual target by 6%. Revenue from tourism reached 9.2 trillion VND, up 19%.

State budget revenue exceeded expectations, totaling 26 trillion VND, equivalent to 110.2% of the target and a 4% increase year-on-year. Domestic revenue amounted to 21.7 trillion VND, reaching 108% of the target, while revenue from lotteries alone accounted for 20.7 trillion VND, achieving 119.9% of the target. Export-import revenue was 4.3 trillion VND, 122.8% of the target, and up by 30.1%.

The province's total import-export turnover reached nearly 4.5 billion USD, with export turnover exceeding 1.9 billion USD and import turnover surpassing 2.5 billion USD.

Translated by VAN GIANG